SRS slumps nearly 40% on bourses in debut trade

Shares of SRS Ltd, a company into cinema exhibition, food and retail, got listed at Rs. 55 a piece on the Bombay Stock Exchange on Friday, 5.17 per cent lower than their issue price of Rs. 58 per share. However, in sharp contrast, the stock listed at Rs. 68 on the National Stock Exchange, 17.24 per cent higher than the issue price. However, within minutes, More...

Published 160 days ago
On Friday, September 16th, 2011

Gold futures fall on weak global cues, less demand

Gold prices fell by 0.82 per cent to Rs. 27,246 per 10 grams in futures trade on Friday, as speculators offloaded their positions, tracking a weak trend in the global market and fall in domestic demand. Trading More...

On Friday, September 16th, 2011

SC agrees to hear bail pleas of four Satyam fraud accused

The Supreme Court on Friday agreed to hear the bail pleas of four of the accused arrested for their alleged roles in the multi-crore Satyam accounting fraud and issued notice to the CBI. A bench of justices Dalveer More...

On Monday, August 22nd, 2011

Sebi imposes Rs. 150 charge on new MF investments

Market regulator Sebi today said new  investors will now have to pay an extra Rs. 150 for investment of Rs. 10,000 and above in mutual funds, while the charge will be Rs. 100 for existing investors. “In order More...

On Monday, August 22nd, 2011

Mahindra Satyam faces Rs. 2,114-crore tax demand

The Income Tax Department has slapped a tax demand of Rs. 2,114 crore on Mahindra  Satyam (erstwhile Satyam Computer Services), after disallowing exemptions claimed by the company. “The company has received More...

On Monday, August 22nd, 2011

GVK buys Siemens’ 14% stake in Bangalore airport

GVK Power and Infrastructure today announced acquisition of an additional 14 per cent holding in Bangalore International Airport (BIAL) from its partner Siemens Project Ventures for Rs. 620 crore, to become the More...